Stock Information Portal

Price and trend forecast of ACLGATI for Tomorrow, Weekly, Monthly

Allcargo Gati Limited

Symbol: NSE:ACLGATI

ISIN: N/A

106.10

As on 2024-04-24

95.35 (52W Low) 177.65 (52W High)

ACLGATI's Today's Performance

Allcargo Gati Limited started the day by opening at 105.80 today 2024-04-24. Its shares reached a high of 107.50 and dipped to a low of 105.60 in intraday. When the markets closed, ACLGATI’s stock price settled at ₹106.10 per share. Also check out its key support and resistance levels.

ACLGATI Buy/Sell Targets

Tomorrow, buy ACLGATI when its price reaches ₹ 106.10 with a stop-loss order at ₹ 104.98. You can set the target price as ₹ 107.23 to capture potential gains. This buy position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.

In the sections below, we will discuss detailed share price target of ACLGATI for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Down levels for ACLGATI

Downside Targets Value in ₹
Tomorrow Down Target 1 107
Tomorrow Down Target 2 108
Tomorrow Down Target 3 109

Important Levels for ACLGATI

Holding Levels Value in ₹
Tomorrow Up Target 1 105
Tomorrow Up Target 2 105
Tomorrow Up Target 3 103
Based on where the stock opens tomorrow, if ACLGATI opens on a positive note, our first target will be ₹107. If Target 1 is achieved, we will aim for Target 2 which is ₹108.

But if ACLGATI falls below the average value of ₹106.40, you can enter a sell side position with target number 1 - ₹105 and second target - ₹105 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.

Daily Volume chart of ACLGATI

Looking at ACLGATI, we've seen a Increasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.

In terms of its price, ACLGATI has been on a Upward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for ACLGATI is strong bullish.

Tomorrow's Volume based share price Forecast for ACLGATI

ACLGATI's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a strong bullish trend. Volume trend strength over the last month compared to the last week is 227%.

Reversal detection for ACLGATI

Predicted trend chart of ACLGATI tomorrow for price forecast
ACLGATI may trend may continue to be bullish since stock is making higher highs and we can get target of ₹106 in morning tomorrow
Target 1 tomorrow107
Target 2 tomorrow108
Target 3 tomorrow108
 

Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.

Combine this trend forecast with ACLGATI's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.

Based on where the stock opens tomorrow, if ACLGATI opens on a positive note, our first target will be ₹107.20. If Target 1 is achieved, we will aim for Target 2 which is ₹108.30.

But if ACLGATI falls below the average value of ₹106.40, you can enter a sell side position with target number 1 - ₹105.30 and second target - ₹104.50

ACLGATI's Weekly Targets
1st Up Target 107.90
2nd Up Target 109.70
1st Down Target 104.85
2nd Down Target 103.60

As the week for ACLGATI ended on bearish sentiments, we can expect further continuation of this sentiment. ACLGATI's initial target will be 107.90 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 104.85 in the upcoming week.

Weekly OHLC Values
Open 106.95
High 108.45
Low 105.40
Close 106.10

Week for ACLGATI started with an open price of 106.95, and the close was at 106.10. ACLGATI reached the highest of 108.45 and dipped lowest up to 105.40 last week. This indicates a bearish sentiment for the week.

ACLGATI full month swing targets
Monthly Up Target 1 110.95
Monthly Up Target 2 112.75
Monthly Down Target 1 101.80
Monthly Down Target 2 97.50

Targets of ₹110.95 can be expected to be reached in the coming month. Once ACLGATI achieved this target, we can aim for the next upside target of ₹112.75.

ACLGATI if fails to hold upside, down targets of ₹101.80 and ₹97.50 can be achieved by end of this month.

For complete three weeks if ACLGATI is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.

Related Stocks in the Same Sector as ACLGATI

Symbol Name Industry
LT Larsen & Toubro Limited Engineering & Construction
ADANIPORTS Adani Ports and Special Economic Zone Limited Marine Shipping
HAL Hindustan Aeronautics Limited Aerospace & Defense
SIEMENS Siemens Limited Specialty Industrial Machinery
BEL Bharat Electronics Limited Aerospace & Defense

Summary

ACLGATI is expected to reach the target of 107.20 in tomorrow's trading session.

After achieving the initial target in ACLGATI, we will aim for higher targets of 108.30 tomorrow.

However, if ACLGATI starts to trade below ₹106.40, then we will shift our focus to the sell side and aim for down targets of 105.30 and 104.50.